The problem of risk in the economy of sustainable development on the example of the State Forests

Abstract

Motivation: Economics of sustainable development aims to ensure standards of environmental, economic and social quality of life and freedom of all people living on Earth. Objectives in all three dimensions should be implemented taking into account their strong interdependence. Targets of sustainable development are implemented, among other things, by the State Forests, i.e. carrying on forest management according to the principles of universal forest protection, durability, their maintenance, continuity and sustainable use of all the functions of forests and expansion of forest resources. Forest management should be carried out while minimizing the economic risk that accompanies each economic activity.Aim: The aim of the study is to identify the risk associated with business operation of State Forests.Results: The study will also present the risk management process in the State Forests and the characteristics of its individual stages. Identified objective was achieved using a critical analysis of national and international studies, descriptive method and analysis of phenomena and synthesis of results and interviews with foresters. The layout and content of the study was subordinated to the realization of goals. Due to the limited article volume, only certain aspects of State Forests were presented, as an area of risk in the economy of sustainable development.

Keywords

• risk
• sustainable development
• economy
• forest economy